Interest Rate Options Flashcards
1
Q
Where are interest rate options traded?
A
CBOE
2
Q
What are interest rate options based off of?
A
Treasury Bill interest rates or
Treasury Note/Bond Interest rates
3
Q
What is the IRX based off?
A
13 Week T-bill rate
4
Q
What is the strike price of interest rate options?
A
Rate x 10
5
Q
Do interest rate options trade European or American style?
A
European
6
Q
What is the LRX based off?
A
Treasury notes & bonds
